Oak Hill Advisors increases target cap to a billion dollars for new CLO equity fund
New York-based Oak Hill Advisors has raised USD 459m so far for its new CLO equity fund and increased the cap by USD 200m

Credit hedge funds
Credit hedge fund performance data for September YTD 

CLO fundraising round-up - November 2024
CLO funds have had a stand-out year, and both fundraising and fund returns have soared, with managers out in the market with both third-party and captive CLO funds

Beach Point ramps up fundraise for captive CLO equity fund
Santa Monica, California-based Beach Point Capital Management is looking to raise a captive equity fund to support its CLO issuance

Fund performance
August returns were largely positive for credit hedge funds, as 88% of those listed in the Creditflux database reached into the black

Credit hedge funds
Credit hedge fund performance tables as of the end of August 2024

Pearl Diver raises USD 100m for first investment grade CLO fund
CLO equity specialist Pearl Diver has expanded up the stack with the launch of its first investment grade CLO fund 

AXA IM Alts launches IG ABS Fund
The latest fund launch by AXA is looking to raise at least EUR 1bn for a broad portfolio of investment-grade ABS assets 

Credit hedge funds
Our credit hedge fund performance tables for June

Credit funds at a glance
Top performers, recent hires and recent fundraising

Sycamore Tree raises more than USD 100m for CLO tranche strategy
Sycamore Tree Capital Partners has raised more than USD 170m across two separate debt funds, include USD 100.5m for CLO debt

Fund performance
Spire, Prytania and Serone funds enter top 10 dominated by CLOs; Leading fund: Alegra ABS 2

Credit hedge funds
Credit hedge fund performance tables

Credit funds at a glance
Top indices; recent hires; recent fundraising

Ex-Sculptor veterans launch new asset-backed firm Indago
Sculptor alumni led by Akhil Mago have kick started Indago to invest in asset-backed finance and CLOs

CLO veteran departs Bain
Bain Capital has lost a managing director and CLO portfolio manager 

Fund performance
CLO funds dominate again as they take 18 spots in top 30 list

Credit hedge funds
Credit hedge funds

Janus’ AAA CLO ETF tops 10 billion in AUM
Janus Henderson AAA CLO ETF (JAAA) has passed USD 10bn in AUM, as interest in CLOs continues to rise among retail investors

Credit hedge funds
Credit hedge fund performance

Credit funds at a glance
Credit funds at a glance

Fund performance
In February, CLO funds once again claimed the majority of top positions in our fund ranking — this time taking eight of the top 10 spots (see table below).

Credit funds at a glance
Credit funds at a glance

New Mountain prices second quasi-CLO
New Mountain priced a second rated feeder fund last week, a deal that straddles the line between the simpler traditional rated feeder fund structures and middle market CLOs

Job opportunity with Investcorp: Structured Credit Investment Associate
Investcorp Credit Management is seeking qualified candidates for a position as a Structured Credit Investment Associate within its Structured Credit Investments Group